Journal entry worksheet Received $77,000 cash invested by owners and issued common stock. Record the transaction. Note: Enter debits before credits. Journal entry worksheet Bought an unused field from a local farmer by paying $67,000 cash. As a construction site for smaller projects, it is estimated to be worth $72,000 to J.K. Builders. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 1 A lumber supplier delivered lumber supplies to J.K. Builders for future use. The lumber supplies would have normally sold for $17,000, but the Fupplier gave J.K. Builders a 10 percent discount. J.K. Builders has not yet received the $15,300 bill from the supplier. Record the transaction. Note: Enter debits before credits. Journal entry worksheet 1 Borrowed $32,000 from the bank with a plan to use the funds to build a small workshop in August. The loan must be repaid in two years. Record the transaction. Note: Enter debits before credits. Journal entry worksheet One of the owners sold $17,000 worth of his common stock to another shareholder for $18,000. Record the transaction. Note: Enter debits before credits